Today we are joined by Michelle Jones, Director of Interiors at Shive-Hattery. With over 20 years’ design experience, Michelle has always been driven by creating something new and bringing it to life — the office is an art form. With so many facets, there is always something to be learned throughout each project while staying … Read more
CHICAGO, IL — Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce that Senior Managing Director Joel Berger and Associate Jake Blesi have leased over 38,000 SF at Edens Corporate Center, 630 & 650 Dundee Road in Northbrook, IL, just six months after being named the exclusive … Read more
There are no two ways about it—the industrial real estate market is on fire. It’s been the leading sector for a couple of years, owing to the pandemic and supply chain disruptions. Logistics have shifted from just-in-time to just-in-case, driving demand for localized warehousing and manufacturing space. Vacancy rates are at all-time lows, cap rates … Read more
Supply chain disruptions and soaring commodities prices amid unprecedented demand for industrial real estate have massive implications for the construction industry. Asset values and rents are soaring, but so are costs. How should owners, tenants, and developers adjust to this new normal? To understand the current state of the construction industry, Bradford Allen’s Ronan Remandabran, … Read more
Bradford Allen is pleased to share with you our Year-End 2021 Suburban Chicago Office Market Report. This quarter in the suburban office market: The overall sublet availability rate increased from 3.9% to 4.5%. Overall direct vacancy and availability rates were 27.4% and 32.7%. The market posted a $24.58 p.s.f. gross asking rate. There was 1.1 … Read more
Bradford Allen is pleased to share with you our Year-End 2021 Downtown Chicago Office Market Report. This quarter in the downtown office market: The overall sublet availability rate remained relatively stable at 3.9%, quarter over quarter. Quarter over quarter, overall direct availability and vacancy remained flat at 19.8% and 15.2%, respectively. Overall, the market posted … Read more
Real estate is a relationship business, but it’s not often you get to work with a lifelong friend. In this Ten With Ben episode we’re joined by Aaron Zaretsky, Leasing Director at Urban Innovations, an integrated real estate development company. Aaron’s path crossed with Ben’s more than 40 years ago, decades before either had closed … Read more
In our previous Office Pulse, we challenged the conventional view that the suburban Chicago office market was suffering from record-high vacancy rates brought on by the pandemic. In this follow-up, we set out to examine Chicago’s central business district (CBD) office market using a similar methodology to understand how the pandemic affected longer-term occupancy trends … Read more
Chicagoland’s prominence as a logistics and industrial hub benefits residents, employees, landlords, and tax authorities alike. It brings jobs, goods, new commerce, and tax revenues to the metropolitan area. However, the real estate and infrastructure supporting these industries are spread over multiple counties and across tax jurisdictions. To level the property tax playing field, Cook … Read more
In our latest episode, Ben sits down with Tim Brigham, all-star mortgage broker and BA client. With a competitive spirit and laser-sharp focus on his customer’s needs, Tim’s found a winning combination for success in real estate, and in life. In addition to managing Union Home Mortgage’s Chicago office, Tim runs the Superhero Collective, a … Read more
Bradford Allen makes your business its priority. No matter whether that’s when purchasing, leasing, or sub-leasing, our agents are experts in negotiating for your benefit.
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Bradford Allen makes your business its priority. No matter whether that’s when purchasing, leasing, or sub-leasing, our agents are experts in negotiating for your benefit.
Bradford Allen makes your business its priority. No matter whether that’s when purchasing, leasing, or sub-leasing, our agents are experts in negotiating for your benefit.
